[THE INVESTOR] Korea’s unionized bank workers are likely to stage a strike in September for the first time in two years amid a feud with management over the introduction of a shorter workweek system and other key issues, according to the Korea Financial Industry Union on Aug. 8.

More than 80 percent of some 95,000 workers under the Korea Financial Industry Union voted on Aug. 7, with 90 percent approving the move, the union said.

The vote came as workers and management of financial firms failed to find a middle ground for 53 issues that they had been negotiating since April. The issues include implementation of a new workweek system and amending the extension of retirement age and wage peak system.